ALEXANDRIA, Va., Feb. 12 -- United States Patent no. 12,223,483, issued on Feb. 11, was assigned to VERONA HOLDING SEZC (George Town, Cayman Islands).

"Tokenization platform" was invented by Jonathan Yantis (Grants Pass, Ore.), William Edward Quigley (Pacific Palisades, Calif.) and Lukasz Jakub Sliwka (Long Beach, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A tokenization system that facilitates token-based trades of items is disclosed. The system includes a token generation system that generates digital tokens that are cryptographically linked to respective item identifiers of respective items. The system includes a ledger update system that writes the digital tokens to a cryptographic ledger and ...